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12:36 System failure at Infosys: Inside account of the corporate battle and why it matters to IT sector

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12:59 ETMarkets After Hours: Tata Tele fires up on merger buzz; metals dazzle

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00:32 'I am being sacked': Ex-Tata exec reveals inside story of how Cyrus Mistry was fired as chairman

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07:59 BlackBerry's upcoming smartphone Krypton's first look leaked online

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07:24 Upcoming Royal Enfield 750 cc Interceptor spotted during testing in Tamil Nadu

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Business

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  • PM Awas Yojna: Cabinet increases carpet area of MIG houses eligible for interest subsidy

    16 November, 2017 1:02 PM 27

    New Delhi: The Centre on Thursday approved the enhancement of the carpet area of houses for the middle income group (MIG) category under the Pradhan Mantri Awas Yojana- Urban (PMAY-U). Under the MIG-I category, the carpet area of the houses has been enhanced from 90 sq.Mtr to 120 sq.Mtr, while under the MIG-II segment, it has been increased to 150 sq.Mtr from the current

  • Sensex reclaims 33k, rallies 346 points as RIL, Infosys jump

    16 November, 2017 11:29 AM 22

    The Sensex staged a strong comeback to reclaim the key 33,000-mark by surging over 346 points to close at a one-week high of 33,107 today. In the process, it reversed its three-session losing spell as Reliance Industries led the rally after global crude prices dropped. Infosys jumped the most. The Sensex opened hit the day’s high of 33,165.15 before

  • National highways to be rated on safety parameters

    16 November, 2017 7:11 AM 27

    The International Road Assessment Programme (iRAP) is running a survey sponsored by World Bank and Bloomberg Philanthropies to rate the national highways in the country based on safety parameters, reports The Times of India. The highways would get star ratings on a scale of zero to five. These star ratings are derived from road inspection data and provide

  • Buy Radico Khaitan, IndusInd Bank; sell Adani Enterprises: Ashwani Gujral

    16 November, 2017 6:15 AM 17

    Ashwani Gujral of ashwanigujral.com is of the view that one can buy Radico Khaitan and IndusInd Bank and can sell Adani Enterprises. Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Overall for the day, some long positions can be had. Radico Khaitan is a buy with a stop loss of Rs 220 and target of Rs 234." "IndusInd Bank is a buy with a stop loss of Rs 1,600 and target

  • Buy Hero MotoCorp; short Capital First, Hexaware Technologies: Rajat Bose

    16 November, 2017 6:15 AM 23

    Rajat Bose of rajatkbose.com is of the view that one can buy Hero MotoCorp and short Capital First and Hexaware Technologies. Rajat Bose of rajatkbose.com told CNBC-TV18, "I have three stocks - one buy and the other two are sells. First is Hero MotoCorp which I would buy with a stop loss below Rs 3,620 on closing price basis because that is the level

  • Mukesh Ambani family top Forbes list of Asia's richest families, pip Lees

    16 November, 2017 5:43 AM 33

    India's Mukesh Ambani family is the richest in Asia as its net worth rose USD 19 billion to USD 44.8 billion, toppling the Lees of the Samsung empire, to claim the numero uno position, Forbes said. Despite dropping to the second spot, Korea's Lee family still saw its wealth soar by USD 11.2 billion to USD 40.8 billion this year as shares of Samsung Electronics

  • Ahluwalia Contracts India bags orders worth Rs 310.99 crore

    16 November, 2017 5:24 AM 37

    Ahluwalia Contracts India has secured new orders aggregating to Rs 310.99 crore for construction of institutional, hospital & commercial including electrical, plumbing & firefighting services. Ahluwalia Contracts (India) Limited has secured new orders aggregating to Rs.310.99 Crores (approx.) for Construction of Institutional, Hospital & Commercial including

  • NCC rises 4%, Macquarie maintains outperform rating with target Rs 125

    16 November, 2017 4:30 AM 17

    Shares of NCC rose nearly 4 percent intraday Thursday as global research firm Macquarie has maintained outperform rating with a target Rs 125 per share. The house expect strong revenue growth in FY19, which will lead by strong execution. In the quarter ended September 2017 the company’s net profit declined 60.8 percent at Rs 20 crore against Rs 51 crore

  • Govt clarifies Airtel Bank to blame for customers not getting LPG subsidy credit

    16 November, 2017 4:10 AM 23

    The Oil Ministry said it has received multiple complaints about non-credit of LPG subsidy amount to their bank accounts. The Ministry of Petroleum & Natural Gas put the onus on Airtel for confusion over transfer of LPG subsidy in some customers' accounts. Those who have not received their LPG subsidy are the ones who have accounts with Airtel Payments

  • REC to provide Rs 14K cr loan for 2,400 MW Patratu power plant

    15 November, 2017 4:40 PM 35

    Rural Electrification Corp (REC) will provide Rs 14,000 crore debt to set up 2,400 MW thermal power plant of power giant NTPC's arm Patratu Vidyut Utpadan Nigam Limited (PVUNL) in Jharkhand. "The REC and PVUNL signed a loan agreement for establishing 3x800 MW Patratu Super Thermal Power Project Phase-I in Jharkhand," a statement by REC said. The project